While crypto equities collapse (Gemini -89%, BitGo -77%, Bullish -71%), BlackRock, Goldman, JPM and Morgan Stanley just joined a UK tokenization taskforce. The speculation business is dying, not crypto.
Two sets of headlines landed in the same week and I don't think enough people are putting them side by side. Set one, the carnage in crypto-native equities: \- Gemini (GEMI) is down \~89% from its \~$37 open last September, …